Investing

Nov
11

London real estate fintech biz collects €11.5m

Immo Investment Technologies has raised €11.5 million from investors including Talis Capital and HV Holtzbrinck Ventures. The business sources and purchases homes on behalf of buy-to-let investors. In addition to the equity capital, the London-based company has secured €60 million from real estate investors to fund the acquisition of properties. To read more, please click […]

By Reposted by International FinTech | FinTech . Investing
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Nov
06

European Fintech investment surpassed Asia

Fintech is Europe’s largest venture capital (VC) investment category, receiving 20% of all VC investment in the region between 2017 and 2019 year-to-date (YTD), surpassing enterprise software (17%), health (13%) and transportation (8%), according to the State of European Fintech 2019 report by Dealroom, in partnership with Finch Capital. In Europe, fintech investment is gaining […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Nov
06

Fintech leads the way as Irish VC deals hit $185m in Q3

A global survey of venture capital financing has found that the Irish fintech (financial technology) sector led the way, as Irish companies secured more than $185 million (€166 million) in VC funding in the third quarter of the year. KPMG’s Venture Pulse survey tracked more than 4,100 VC funding deals globally between July and September, […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Nov
06

Big VC deals will delay Mexico’s first Fintech IPO

No need for startups to hurry into the public market when giants like SoftBank and General Atlantic are pumping in private capital. Investments in Mexican fintechs by large firms such as SoftBank and General Atlantic have added liquidity to the market and will likely delay the sector’s first initial public offering, two industry executives and […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Nov
06

P2P lender KoinWorks bags $1.4m from Japan’s Saison Capital

Indonesian peer-to-peer lending platform KoinWorks has received around US$1.4 million in additional funding from Saison Capital, the venture arm of Japanese financial services firm Credit Saison, as part of its series B round. The new funds bring KoinWorks’ total series B and B2 raise to about US$13.6 million. It raised US$12.2 million in June in […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Peer-to-Peer . Venture Capital
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Nov
05

Japanese fintech firm Paidy raises $143m from PayPal, others

Japanese fintech firm Paidy has raised a total of US$143 million in series C funding and debt financing from new and existing investors. PayPal Ventures, Soros Capital Management, JS Capital Management, Tybourne Capital Management, and an undisclosed company invested in Paidy as part of the firm’s US$83 million series C round, according to the statement. […]

By Reposted by International FinTech | FinTech . Investing
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Nov
05

Santander takes big stake in UK FinTech

Spanish bank Banco Santander is acquiring just over 50 percent of the U.K. payments platform Ebury for £350 million ($453 million), Ebury announced in a press release on Monday (Nov. 4). The Ebury payments platform gives small and medium-size companies the ability to trade internationally. The acquisition is scheduled to close in the first quarter […]

By Reposted by International FinTech | Banking . FinTech . Investing
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Nov
05

Amica Financial Technologies raises $24 million in funding

Amica Financial Technologies, an upcoming digital retail bank founded by Citrus Pay cofounder Jitendra Gupta, has received $24 million in its maiden funding round. The funding is backed by a long list of institutional investors including Greyhound Capital, 3One4 Capital, Germany’s Rocket Internet, venture capital funds Matrix Partners and Sequoia Capital. Gupta, a former PayU […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
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